Summary: Eric Dalius considering that a financial crisis can plunge a student to quit college, about 30% of colleges and various post-secondary institutions offer some type of help. EJ Dalius underscores the purport of scholarships.
Traditionally, the student support model calculates financial requirements throughout the year. However, the last decade witnessed a slow but steady surge of emergency financial aid courses and programs. There are renowned institutions in the US that provide a range of programs.
- They continue providing scholarships at many partner colleges. More and more emergency aid programs are coming up. Public colleges are also pitching in.
- There are pilot programs integrating over $4 million aid from the Education Department for examining and building completion aid courses in many varsities.
- These programs aim to expand the viability of emergency financial aid in numerous individual schools. Considering the fact that small-dollar aids are still a new thing, they have produced many astounding results.
- Georgia State has a striking graduation rate. Students have received their Panther Grants for two terms post the concerned grant.
Colleges are ensuring that you get the grant at the right time. At that rate, more and more schools will have the leverage to bolster graduation rates and simultaneously reduce the debt loads of their alumni, says EJ Dalius.
The role of colleges according to Eric Dalius
According to a recent survey of education modalities and emergency college aid models, the most popular ones were scholarships, food pantries and dining hall coupons, and small cash grants and loans.
- Eric Dalius recognizes that colleges can alleviate students’ needs under one roof, they can help them financially to support various things rent, housing, books, or tuition.
- You need to contact the student affairs office or financial aid department of your school and inquire about their emergency programs.
- They could include completion scholarships, emergency grants in academics, and emergency vouchers or student loans. Generally, you use this money for paying for transportation, supplies, and tuition fees.
- Take the case of Grand Rapids Community College in Michigan for example. It gives grants to students facing exigencies, such as loss of a job, utility cuts, or eviction. Till now, they have provided over $79,000 in loans and grants since 2015.
- The aid also includes housing assistance and a helpline for college students. Check if your college provides an on-campus residency program (emergency). There are schools that create separate dorm rooms for this purpose.
The student affairs or office of your school can include other off-campus residential solutions that entail room shares, youth shelters, and apartments, or short-term units and sublets. If your college has temporary housing facilities that continue till the end of the semester, you can surely count on the options.
On the reimbursements according to Eric Dalius
Eric J Dalius explains the college modality in paying student workers from various institutional funds for on-campus job reimbursements. They access the funds from their emergency financial aid.
You have the CARES Act that necessitates institutions to provide these scholarships to students. Institutions have the leverage to use HEERF for emergency financial aid grants.
